The Inversion Worth Worrying About

In a December article for Bloomberg, columnist Nir Kaissar argues that, albeit troubling, all the hype about a potential yield curve inversion is “overdone, at least so far.” Instead, he…

Signals from the U.S. Yield Curve

The difference between the two-and ten-year Treasury yield is the narrowest since 2007, a signal that “the market thinks the Federal Reserve’s interest-rate increases, which are driving short-term yields higher,…